£172,574
This estimated value is based upon the latest sale price for the house of £109,995 on 10 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £109,995 | 10 Aug 2007 |
| £66,000 | 11 Nov 2002 |
| £28,000 | 20 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £109,995 results in an estimated price of approximately £172,574.
| 10 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £109,995 | £62,579 | £172,574 |
The Postcode Pricing Model uses changes in average sales price within the WS10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 46.875 % | £51,560 | £161,555 |
| 3 Month Average | 12.002 % | £13,201 | £123,196 |
| 6 Month Average | 57.895 % | £63,681 | £173,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £121,554 | £120,000 | 61 WOOD STREET |
| 21 Jul 2023 | £146,978 | £145,000 | 181 FRANCHISE STREET |
| 2 Nov 2022 | £158,085 | £160,000 | 12 COOK STREET |
| 31 Aug 2022 | £166,552 | £167,000 | 31 WESTBURY ROAD |
| 15 Jul 2022 | £110,297 | £110,000 | 143 FRANCHISE STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Jul 2013. Using an estimated price of £172,574 means this house is valued at £2,696 per sq meter (£250 per sq foot).
The average size of a house on FRANCHISE STREET is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Westbury Avenue |
| Jan 2024 | Anti-social behaviour | On or near Westbury Avenue |